BSEGlaam Up Jwel LtdMediumNeutral
Announced Wed, 5 Nov · 14:18 IST

APPOINTMENT OF M/S. KAPISH JAIN AND ASSOCIATES, CHARTERED ACCOUNTANTS AS THE STATUTORY AUDITORS OF THE COMPANY, SUBJECT TO APPROVAL OF MEMBER IN ANNUAL GENERAL MEETING

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gleam Fabmat Limited held a board meeting on November 5, 2025, and approved nine items. Key highlights include the appointment of M/s. Kapish Jain and Associates as new Statutory Auditors, subject to shareholder approval at the 7th Annual General Meeting. The board also approved a change of the company's name and a shift of the registered office from New Delhi to Gujarat, both requiring member approval. Additionally, Mr. Mayabhai Bhikhabhai Kotar (DIN: 11112380) was regularized as a Director, and the company approved changes to its Registrar and Transfer Agent. The 7th AGM notice and Director's Report for FY ended March 31, 2025 were also approved.

Likely market impact

These are largely procedural governance steps requiring shareholder ratification at the upcoming AGM. The name change and relocation to Gujarat suggest a strategic shift in the company's base of operations, which investors should monitor. The new auditor appointment is routine and takes effect only after member approval.